Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

GuiZhou QianYuan Power Co., Ltd. (002039.SZ)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$6.03 - $8.43$7.23
Multi-Stage$18.46 - $20.40$19.41
Blended Fair Value$13.32
Current Price$16.83
Upside-20.87%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-6.60%-7.01%0.931.071.081.341.261.311.381.471.752.13
YoY Growth---12.47%-1.56%-18.98%6.17%-4.07%-5.10%-6.14%-15.70%-18.01%10.42%
Dividend Yield--5.74%6.77%7.31%10.60%11.15%13.33%13.24%13.64%15.31%16.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)445.71
(-) Cash Dividends Paid (M)231.95
(=) Cash Retained (M)213.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)89.1455.7133.43
Cash Retained (M)213.76213.76213.76
(-) Cash Required (M)-89.14-55.71-33.43
(=) Excess Retained (M)124.62158.05180.33
(/) Shares Outstanding (M)427.56427.56427.56
(=) Excess Retained per Share0.290.370.42
LTM Dividend per Share0.540.540.54
(+) Excess Retained per Share0.290.370.42
(=) Adjusted Dividend0.830.910.96
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate-6.63%-5.63%-4.63%
Fair Value$6.03$7.23$8.43
Upside / Downside-64.16%-57.05%-49.91%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)445.71420.63396.95374.62353.53333.64343.65
Payout Ratio52.04%59.63%67.22%74.82%82.41%90.00%92.50%
Projected Dividends (M)231.95250.83266.85280.27291.34300.27317.87

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate-6.63%-5.63%-4.63%
Year 1 PV (M)233.50236.00238.50
Year 2 PV (M)231.26236.24241.27
Year 3 PV (M)226.11233.46240.96
Year 4 PV (M)218.81228.33238.16
Year 5 PV (M)209.94221.42233.41
PV of Terminal Value (M)6,772.097,142.587,529.11
Equity Value (M)7,891.718,298.038,721.41
Shares Outstanding (M)427.56427.56427.56
Fair Value$18.46$19.41$20.40
Upside / Downside9.67%15.32%21.20%

High-Yield Dividend Screener

« Prev Page 17 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PBY-UN.TOCanso Credit Trust - Canso Credit Income Fund6.89%$1.1043.72%
002267.SZShaanxi Provincial Natural Gas Co.,Ltd6.88%$0.5285.38%
0590.HKLuk Fook Holdings (International) Limited6.88%$1.6433.93%
0QPD.LAllreal Holding AG6.88%$14.0066.23%
8967.TJapan Logistics Fund, Inc.6.88%$7,165.6791.03%
3356.TWGeoVision Inc.6.87%$3.2561.01%
OPUS.BDOPUS GLOBAL Nyrt.6.87%$37.7385.10%
INK.WAInstal Kraków S.A.6.86%$2.5241.25%
NLB.ILNova Ljubljanska Banka d.d.6.86%$2.4749.72%
0148.HKKingboard Holdings Limited6.85%$2.0345.96%
3592.TWRaydium Semiconductor Corporation6.85%$15.1468.63%
ABEV3.SAAmbev S.A.6.85%$0.9391.30%
ETER3.SAEternit S.A.6.85%$0.2835.41%
HTC-R.BKHaad Thip Public Company Limited6.85%$1.0269.98%
PBAPembina Pipeline Corporation6.85%$2.6486.47%
2527.TWHung Ching Development & Construction Co., Ltd.6.84%$2.0048.52%
3466.TLaSalle LOGIPORT REIT6.84%$10,849.3675.97%
KLINIQ.BKThe Klinique Medical Clinic Public Company Limited6.82%$1.4690.74%
LPF.BKLotus's Retail Growth Freehold and Leasehold Property Fund6.82%$0.7383.53%
CLWTEuro Tech Holdings Company Limited6.81%$0.0824.63%
TMD.BKThai Metal Drum Manufacturing Public Company Limited6.80%$1.7775.56%
FID.AXFiducian Group Ltd6.79%$0.7974.24%
NNND.FTencent Holdings Limited6.79%$4.6820.82%
RIC.AXRidley Corporation Limited6.79%$0.1867.95%
8961.TMORI TRUST Sogo Reit, Inc.6.78%$5,291.8468.53%
CENCOSHOPP.SNCencosud Shopping S.A.6.78%$94.9375.52%
COVH.PACovivio Hotels6.78%$1.5487.52%
FLOYD.BKFloyd Public Company Limited6.78%$0.0834.43%
ALGIR.PASignaux Girod S.A.6.77%$1.0032.73%
0144.HKChina Merchants Port Holdings Company Limited6.76%$1.0329.79%
0512.HKGrand Pharmaceutical Group Limited6.76%$0.5341.13%
TOG.BKThai Optical Group Public Company Limited6.76%$0.4566.31%
SSF.BKSurapon Foods Public Company Limited6.75%$0.3466.42%
0RU6.LSpareBank 1 Ostlandet6.74%$13.9853.75%
2313.HKShenzhou International Group Holdings Limited6.74%$4.1853.04%
600188.SSYankuang Energy Group Company Limited6.74%$0.8977.55%
0QO2.LBurkhalter Holding AG6.73%$9.3188.33%
82331.HKLi Ning Company Limited6.73%$1.1350.46%
TBR.AXTribune Resources Limited6.73%$0.4055.86%
200512.SZTsann Kuen (China) Enterprise Co., Ltd.6.72%$0.2174.88%
C07.SIJardine Cycle & Carriage Limited6.72%$2.2847.91%
GISS.QAGulf International Services Q.P.S.C.6.72%$0.1745.22%
MELG.OLMelhus Sparebank6.72%$13.5025.36%
SGP.AXStockland6.72%$0.3982.32%
UNI.AXUniversal Store Holdings Limited6.72%$0.5481.02%
0R6M.LIntershop Holding AG6.71%$11.0031.38%
CEEB3.SACompanhia de Eletricidade do Estado da Bahia - COELBA6.71%$3.0237.99%
017940.KSE1 Corporation6.70%$5,410.2182.17%
3080.SREastern Province Cement Company6.70%$1.6056.11%
CNQCanadian Natural Resources Limited6.70%$2.3071.45%